To purchase more Yokohama tyres to resell

Alfred

Nakuru City, Kenya

100% repaid

Entrepreneur

Name

Alfred

Member since

June 2016

On-time repayments

130 installments  •  81%

About Me

Am a Kenyan citizen dealing with the sale of tyres, tubes and batteries at my small shop called Nguvu Tyres Express. Due stiff competition from other strong firms is the reason i would like to expand my capital base and that's why am seeking for your assistance in terms of loan.Am a hardworking young man who seeks to expand his business so as to get revenue, provide employment to young Kenyans who really seek to earn experience to work at big companies and also to enhance the community development through social responsibilities towards the society. Am looking forward to have the best company that will compete globally and assist many youths to be self dependant by offering formal training to them.

My Business

My business is located at Nakuru on west road street near Valley Hospital. It is a small shop where i sell Tyres, Tubes, Batarries and offer other services such as wheel balancing and wheel alignment. Before i started this business i was working with Kingsway Tyres Ltd as a sales person where my roles were marketing the company's products,stocktaking and also calculations of re-order level.My main aim in the coming years is to see my business grow and become a big company. I started this company last year June and up to now i have made a profit at least Kes 50,000 that i have returned it back into my business. I would like to have stalk in my business because many times i loose customers because of lack of enough stalk.

Loan Proposal

I will spend the loan to add more stock of Yokohama tyres at $540 for sale at my shop. With these i will will then attract more customers and lead to more sales and more profits. this will then improve my standard of living.
My future goal is to open a bigger shop and have more stock. Thank you in advance

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$432.00

Date disbursed

May 1, 2018

Repayment status

On Time

Projected term

2 months

Lenders

S

Stephan

Netherlands

Jorgen V

Mol, Belgium

Paul Buchheit

Mountain View, United States

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